secwatch.observer — SEC 8-K summary
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Issuer:     VERIZON COMMUNICATIONS INC (VZ)
CIK:        0000732712
Form:       8-K
Filed at:   2023-01-24T23:59:59+00:00
Accession:  0000732712-23-000007
Event type: earnings
Sentiment:  neutral
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Strong wireless service revenue growth highlights Verizon's 4Q and 2022 results
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- Q4 2022 wireless service revenue up 5.9% year over year to $18.8 billion.
- Full-year 2022 EPS of $5.06, adjusted EPS $5.18; total operating revenue $136.8B (+2.4%).
- Retail postpaid net additions of 1,434,000 in Q4, best single quarter in 7 years.
- 2023 guidance: adjusted EPS $4.55-$4.85, capital spending $18.25B-$19.25B.
- Free cash flow 2022 of $14.1B, down from $19.3B in 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/732712/000073271223000007/0000732712-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/732712/000073271223000007/vz-20230124.htm
  HTML page:      https://secwatch.observer/filing/0000732712-23-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer